Second Circuit: “Free and Clear” Asset Sale in GM Bankruptcy Does No...

07/22/16


Second Circuit: “Free and Clear” Asset Sale in GM Bankruptcy Does Not Shield GM from Liability for Pre-Sale Ignition ...
Lexology (registration)
Because Old GM had knowledge of those claims prior to the sale, the court held that the plaintiffs were entitled, as a matter of procedural due process, to actual notice of the bankruptcy sale and an opportunity to assert their claims and participate ...

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